Accountant’s Letter

Please read this if you are required to provide a letter from a Certified Public Accountant.

I am pleased to provide accountant’s letters for various purposes. It may be a verification for litigation support or another type of legal proceeding, a bank loan or employment issue. The American Institute of Certified Public Accountants calls this an “Agreed-Upon Procedure” as part of a “Consulting Service“.

This web page in intended to explain that I must follow the prescribed professional standards in all cases. Specifically, please consider:

  1. There is no such thing as a ‘simple and quick’ accountant’s letter. It takes time and is expensive.
  2. I must have a signed engagement agreement from you before issuing my letter.
  3. All letters must be prepared in accordance with the applicable AICPA Statement of Standards.
  4. The least amount of work  time that I require is 6 to 8 hours. This is partly because I typically use consulting services of other CPAs in this work.
  5. A special temporary work permit may be required from your state.  The fee is typically $25. This fee is included in the price I offer.
  6. I maybe required to file an income tax return in your state, if I am not doing so already, as a result of this work.
  7. All letters are subject to peer review which means that they are subject to inspection and critique.The fee varies but can be about $250.
  8. The lowest total fee that I will charge for an accountant’s letter is $1,000.
  9. The consequences of not following these rules are severe; do not ask me to make exceptions.
  10. Don’t even think about asking me to write something that is not true,